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Economy And Business - Agribusiness


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Economy And Business, November 28, 2008

Land

Land is the main character in the economic recovery of the country. Through exportations, Argentina became established as the world leader supplier of oilseeds, cereals, fruits and vegetables. Agroindustry became a key engine to the economic growth of the country. Livestock sector also has a relevant place in Argentina’s macroeconomic structure.


Argentina´s Productive and Scientific Development
Is one of the central points of the strategy of scientific development, and also of the productive development in Argentina. Companies with technological foundations generate investigation and products, known all around the world.
Biofuel production is experiencing a steady growth due to the fact that companies have adopted an exporting role, which holds out the prospect of a promising future for Argentina considering the world’s increasing demand for renewable energy.

Latests news
Vassalli Fabril, the most important factory of combine harvesters in Argentina, will transfer the development of a product to Same Deutz-Fahr.
Food, beverages and tobacco machinery exports grew 33% in the last year to reach 59 million dollars, according to CEP (Study Center for Production).
According to the strategies of the bilateral cooperation agreeement. 26 Argentine companies signed contracts for U$S 71 million.
US$ 350 million are expected to be reached in 2015.
Argentina has already sold the Caribbean country the know-how for the design and supervision of 70 factories. A big part of the rest of the contracts could be signed this week.
Argentine ambassador in the USA announced the Chairman of the Agriculture Committee of the House of Representatives of the USA will arrive next month to announce the opening of the meat and lemon markets from Argentina to the USA.
Sales have grown 52% in the last year-on-year 2-month period. Over the first two months this year, there have been vegetable and animal food exports to EU countries for 1,853,327 tons and 894,033,000 dollars.
It is an aircraft for agricultural use that replicates a Piper model. An agreement with the neighboring country plans to eliminate technical barriers for the entire sector.
This permission granted by Senasa will enable this terminal to serve as an option to resort to when wanting to send agricultural products abroad.
Expoagro 2008, Argentina’s most important trade fair exhibition in the farming sector is being held within a buoyant international framework for the sector.

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